Wednesday, June 25, 2014

Over Rs 9,000-crore agri loans to turn NPAs by June end in AP

..................State finance minister Yanamala Ramakrishnudu on Tuesday said they will bring pressure on the Reserve Bank of India (RBI) from the Centre if it did not agree for the reschedulement of crop loans in the state. "It is the responsibility of the banks to reschedule the loans when the farmers are under distress," he said while citing the declaration of almost all areas in the 13 districts as drought or flood hit last year. The authorities of the undivided government wrote a letter to the RBI for a similar relief in March this year but in vain as, ..........

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